Exclusive offering of Del Mar Medical Park—a premier medical office investment opportunity located in the heart of Boca Raton, Florida. Spanning 101,546 SF across two boutique buildings, this highly attractive asset was acquired in 2021 and has undergone a transformative $4+ million renovation between 2022 and 2024. Originally a mixed-use professional office campus with 50% medical tenancy, the property has been successfully repositioned into a resilient, healthcare-dedicated facility with 89.3% medical tenancy and an overall occupancy of 92%. Strategically situated on West Palmetto Park Road, Del Mar Medical Park offers excellent connectivity via I-95 and Florida’s Turnpike, placing it within 10 minutes of Boca Raton Regional Hospital and West Boca Medical Center and within a 30-minute radius of 10 additional major hospitals.
The property benefits from Boca Raton’s ongoing $550 million healthcare infrastructure expansion—led by Baptist Health and Tenet Healthcare—which is driving strong demand from medical tenants who are currently paying a 28% rental premium over traditional office users.